It's not every day that a medical provider receives a free IT product, especially a product that could potentially save the provider $3 to $4 million.
EIX Systems has decided to invest $25 million to deliver free out-of-the box real-time data exchange and electronic medical records (EMR) to small and medium-sized Medicaid and Medicare organizations.
These systems are CAHQ CORE Phase I and II compliant, which will allow healthcare organizations to meet looming deadlines that require on-premises systems to be interoperable with healthcare information exchanges (HIE), accountable care organizations (ACO), health plans and other health providers.
What's the catch? There is none, according to EIX senior VP Scott Buchanan.
"Our Pilot Program represents our risk-sharing commitment to our customers, as well as our interest in showcasing our unique capabilities at this critical time when the need for cutting costs in healthcare and improving care are so vital," Buchanan said in a statement.
Organizations should contact Buchanan to join the Pilot Partnership Program (PPP) and start solution deployment. EIX healthcare experts will oversee the deployment for pilot organizations.
In addition to potentially saving millions with the deployment and avoiding non-compliance penalties from the Department of Health and Human Services, the EIX solution delivers easy integration with current electronic data interchange (EDI) workflow.
Providers will have a jumping-off point for Phase III, which will include electronic funds transfer and electronic remittance advice capabilities. Phase III requirements also include information exchange within HIEs, enhanced Payer Continuity of Care Documents (CCD) and mobile apps.
Of course, EIX's ultimate goal is to capture new customers for that Phase III upgrade. Until then, according to Buchanan, the EIX deployment will give providers a significant competitive advantage.
"Everyone knows the technology exists today for a speedy transition to modern Payer Administration. We want to jump-start that innovation with this offer," Buchanan explained.
"Larger plans have legacy issues and are slow to transition. We offer smaller health plans an opportunity to 'skip to the future' and prove that efficient accountable care via improved interoperability and collaboration can be provided now."
Edited by
Braden Becker
